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TNGlobal Tracker: Startup Funding Snapshot for June 2025 – Funding recovers slightly but lags behind y-o-y
The Southeast Asia (SEA) Monthly Funding Tracker for June 2025 shows a modest recovery from the previous month, with total funding of $284.7 million across 10 rounds. This reflects a 2.12 percent increase from May 2025 but marks a 37.27 percent decline compared to $453.8 million in June 2024.
Singapore’s XL Ventures secures In-Principle Approval for capital markets services license
XL Ventures Pte Ltd, a Singapore-headquartered climate tech focused company, has received In-Principle Approval from the Monetary Authority of Singapore (MAS) to perform licensed Venture Capital Fund Manager (VCFM) activities in Singapore.
Australia’s Goodman establishes $2.7B Hong Kong data center partnership
Goodman Group, an Australia-based digital infrastructure firm, has established the Goodman Hong Kong Data Center Partnership (GHKDC) – a new $2.7 billion data center dedicated investment vehicle.
Eight GLCs awarded under BIG to accelerate corporate-startup collaboration, innovation-led growth in Malaysia
The Ministry of Finance (MOF) in collaboration with the Ministry of Science, Technology and Innovation (MOSTI) and Cradle Fund Sdn Bhd (Cradle), have announced the successful selection of eight government-linked companies (GLCs) under the Bengkel Inovasi GLC (BIG) program, to accelerate corporate-startup collaboration and innovation-led growth in Malaysia.
The AI economy is here; Are we ready to Identify “AI consumers?”
Going back to the beginning, in the future digital world, not every transaction will be carried out directly by a human, but more often than not, tasks will be executed on their behalf by AI agents.
A*STAR and Siemens collaborate to advance smart and sustainable manufacturing solutions
The Agency for Science, Technology and Research (A*STAR) and Siemens have signed a memorandum of understanding to accelerate innovation and digital transformation for smart and sustainable manufacturing for companies in Singapore and across ASEAN.
Singapore and United Kingdom strengthen collaboration in digital finance and innovation and sustainable finance
Singapore and the United Kingdom have highlighted their strong and continued collaboration between the two countries, with a focus on several key themes, including digital finance and innovation, sustainable finance, capital markets and international regulatory developments.
VinFast inks deal with myTVS to build robust after-sales service network across India
VinFast Auto India, the Indian subsidiary of Vietnam-based electric vehicle firm VinFast, has announced a strategic service collaboration signing with myTVS, an automotive service provider in the country.
Alpha Startups™ Pre-Accelerator returns for its 64th Cohort to support Malaysia’s founders
1337 Ventures, Malaysia-based early-stage venture capital firm, has announced the launch of the 64th cohort of its flagship Alpha Startups™ Pre-Accelerator, with applications now open for the July 2025 intake.
Ant International’s AI Blueprint: Powering Payments and Digitalization for SMEs [Q&A]
TNGlobal recently talked to Jiangming Yang, Chief Innovation Officer of Ant International, to learn more about the company’s AI strategy, how it can help to empower small and medium enterprises (SMEs), and the markets the company is looking at.
